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Lasbury Tracy Realty Inc
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$299,000

Active

5116 Palangos Dr, Punta Gorda, FL 33982

5 acre lot

Listing courtesy of FLORIDA REALTY INVESTMENTS · MLS# S5158849

Listed today

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this home

Space to spread out and room to imagine your next chapter! Discover nearly 5 acres in Punta Gorda Acres, featuring open, cleared areas and scattered mature pines that preserve the property’s natural character. Two adjoining parcels on Palangos Drive are offered together, totaling approximately 4.87 acres, as shown on the survey. Two existing storage sheds are included in the sale. Explore the possibilities for a future home with generous outdoor space, a garden, and your own peaceful retreat, subject to applicable approvals. Both parcels are zoned Residential Estate (RE1). Sale includes parcel IDs 402336227004 and 402336227005. Buyer to verify acreage, permitted uses, building eligibility, access, utilities, and environmental requirements with the appropriate agencies.

Facts

Property type
Land
Lot size
5 acres
Flood zone
X
Annual taxes
$1,186/yr
Listed
2026-10-03
MLS #
S5158849

Estimate the monthly payment

Estimate by Lasbury Tracy Realty — not a loan offer

Starting figures for 5116 PALANGOS DR. Everything below is editable.

AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.

From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.

Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.

Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.

Include condo, HOA, and master-association dues. CDD assessments usually arrive on the tax bill instead.

AssumptionNot applied — your down payment is 20% or more.

Estimated total monthly payment

$1,860

$1,512 of that is principal & interest. 19% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.

Principal & interest
$1,512
Property taxes
$99
Homeowners insurance
$249
Flood insurance
$0
HOA / condo fees
$0
Mortgage insurance (PMI)
$0
Total per month
$1,860

Over the life of the loan

Loan amount
$239,200
Down payment
$59,800
Total interest
$305,086
Principal + interest paid
$544,286
Paid off in
2056

Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.

Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.

Take a tour

Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

5116 Palangos Dr, Punta Gorda, FL 33982

Listing courtesy of FLORIDA REALTY INVESTMENTS · MLS# S5158849 · Active

How would you like to see it?
Which day?
What time of day?

In person · Sun, Oct 4 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this home is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Similar homes

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 3, 2026, 8:07 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]